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20121202
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CNNW 9
KQED (PBS) 5
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English 32
Search Results 0 to 31 of about 32 (some duplicates have been removed)
PBS
Dec 4, 2012 5:30pm PST
of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan reles on .2 trillion in reduced spending including $600 billion from changes in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit reduction. that proposal, $1.6 trillion in revenue from tax increases on the wealthy and $600 billion in spending cuts mostly from reductions in medicare. he also wants authority to raise the debt ceiling without congressional intervention. but governors emerged afterwards treading a line between the two sides. delaware governor jack markel, a democrat, is chairman of the national gove
CSPAN
Dec 9, 2012 7:00am EST
times." so far in fiscal year 2013, the government notching up a $172 billion deficit in november a lawn. jams is joining us from orlando, florida on the democrats' line. caller: i think the number one priority is the people, and i think he will do a good job. people should give him more credit and let him do what he is doing. it will take time. i think he has a lot on his hands to deal with now. host: if you get through, turn the volume down on the tv set. this is from "to the new york times." our question -- what should be the president's number one agenda. next up is christine from new york city on the independent line. caller: good morning. i believe the president will not be able to accomplish his agenda without doing something that i believe is supported by the majority of the american people, that is the critical need for campaign finance reform to restore us to democracy that the people are represented at intergovernment instead of special interests. if we got campaign finance reform enacted, i know john mccain wanted it and a lot of other people -- we could then move on to do wh
FOX News
Dec 3, 2012 12:00pm PST
income tax cuts. the republicans say the plan cuts the deficits by $4.6 trillion based on the white house method of counting based on the recommendations of the president's deficit reduction commission but the president could disagree. the republicans say the plan would raise $800 million through tax reform but not by phasing out the upper income bush tax cuts and before the plan was announced, white house press secretary insisted the rates will not make it to the new year. >> he will not sign a bill that extends those tax rates for the top 2 percent. we cannot afford it. it is not wise economic policy. not wise fiscal policy. it would defeat the principle of balance that he has embraced. >> the president wrapped up an hour long twitter session promoting what he called a balanced approach, as far as deficit reduction. >>shepard: is this posturing? >>reporter: well, it is, this great measure. each side wants to blame the other. and not just if we go over the cliff, but if they do reach an agreement, each side wants the other to take the blame for the parts of the ultimate compromise their
CNN
Dec 4, 2012 1:00pm PST
adds so much to the federal budget deficit. so republicans say raise the retirement age to 67 or means testing, meaning making more wealthy americans pay more into the system or get less out of the system. if you means test, that means you're paying less out to affluent americans. if you raise the retirement age, you're paying out less as money comes in and keeping the revenue line closer to the cost line. that is the goal. so when you do a 10 or 20-year calculation, medicare is not adding to the deficit. but that's the policy and just as republicans are having a backlash against the speaker saying we don't think we should put tax increases on the table, the democrats and some of the new members in congress, they say they ran promising not to touch medicare. so they say they won't do this. so you have the credibility challenge. republicans say give us entitlement and other spending cuts and the democrats want higher tax rates. that's why we have a stalemate. >>> an internet icon wanted in connection with the killing of his neighbor. stay with us, you're in "the situation room." that of
MSNBC
Dec 3, 2012 10:00am PST
is that at a minimum, any deficit package has to include this immediate february and march debt ceiling that we're going to hit. >> is jack lew the current chief of staff and former budget director the top candidate to be treasury? what is your best guess? >> he appears to be the frontrunner from everything you see and read and hear and he is a -- i've known him a long time. he's an accomplished guy. he knows these issues perfectly. he has worked in the financial community and has a sense of that and vice versa. and so i think he would be a it terrific choice. >> we should say there are a couple other people who have been rumored to being vetted. roger altman, former treasury official, larry fink, be erskine bowles. this what is alan simpson, erskine bowles' partner in the deficit commission, had to say about that possibility last week on the show. >> he said he would be very pleased to do that. he shared that with me personally, as long as they move the treasury department to north carolina, to charlotte. i don't think -- >> he's worked so hard on this. you don't think he could be persuaded? >
MSNBC
Dec 7, 2012 10:00am PST
a plan not just to avert the fiscal cliff, but importantly to really tackle the deficit and debt problems in this country. i am concerned that deal won't be big enough. is it going to be small or medium or big. we need a plan big enough to fix the deficit problems and make sure the debt is no longer growing faster than the economy. we're not going to be able to balance the budget in the near future because the fiscal hole is so big. you want to make sure the debt is not growing faster than the economy. that's going to take $4 trillion in savings. you need all parts on the table and constructed in a thoughtful way so that revenues are raised in ways that are good for the economy as possible, and that when we're looking at the spending in the budget, we reform our entitlement programs and reduce spending in way that's thoughtful and good for the economy. it's going to take a lot to get there, but i actually think most of the policy ideas are well known and we're now in this political negotiation where i think there's a lot of support for having them, if they're going to go through all this,
PBS
Dec 4, 2012 4:00pm PST
the president will do in terms of cuts. where are concerned about the deficit. i believe we will get there. i really do. >> you are a perennial optimist. you make everything seem sunny. we are at a stalemate. republicans do not want to raise taxes and democrats to know what to -- do not want to cut spending. >> the president has the political upper hand. if nothing happens, the tax rates do expire as is and they go up and the sequestration of takes place. he can vote -- publicly blame that on republicans to. he would have the upper hand. policy-wise east as -- he has to combat and ask for an increase in the debt ceiling. he knows that if he sours the atmosphere right now that it would be difficult for him to get an increase in the debt ceiling in a couple of months. i believe this motivation for both of us to say let's cut out all the political posturing and make a deal. we realize as professionals will have to get it done. >> what are you opposed -- why opposed?you >> taxes have been 18% of gdp. they're down now because of a question of rates but because of the economy. >> in sharing the bur
PBS
Dec 7, 2012 8:00pm PST
're going to get revenues or get to the deficit number they want is to have both revenues and spending cuts. the only way to get the spending cuts and entitlements from the president they want is to give him some political revenues. >> when john boehner made his offer there were signatures of all the republican leaders on that letter, including cantor and paul ryan, viewed as a future presidential candidate among republicans. so by locking down those signatures on that $00 billion of new taxes, he's blocked those guys from opposing him. very savvy. >> did anybody phone some of the quemplets offer the budget committees? >> he did in order to demonstrate his power. gain bah boehner has been here a long time. he saw the coup attempt to speaker gingrich by members of his old party. he knows he has to hold those people together to negotiate with the president. he saw a little bit of wiggle room earlier with jim demint coming out earlier and said he thought the tax offer was an outrage. from the right you can see the speaker tamping that out with his boot. gwen: the president has not always been
FOX Business
Dec 4, 2012 7:00pm EST
, and adopting a balanced approach to deficit reduction. and so it goes. my first guest says it does not matter who you tax or what form revenue takes him, taking more money at the private sector will hurt economic growth. joining us now, republican senator from the great state of kentucky from the senator rand paul. good to have you with us, senator. >> good evening. the president says we don't have enough time for tax reform or in thailand reeorm. you know my responses? we have been talking about this for two years. why haven't we done anything? i met with the president a year-and-a-half ago and i looke@ across the table in. i said in a we need to do something about social security. we need to do something to save medicare. they have done zero. how come there is no committee appear. d'agata washington. who is in charge of social security reform? nobody. everybody waits for a deadline and throws up their hands and says we don't have enough time. it is broken up here, but because they're not doing their job. lou: not doing their job, and whose job is it a much the republicans to start making so
MSNBC
Dec 5, 2012 3:00am PST
him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to really bash boehner from the right. the president needs to take note. he needs to take note. >> give him some running room. >> i'm only saying this because you remember, we went through this with newt. you know, bill clinton would push newt only so far, and then the conservatives in the caucus like myself and matt salmon, steve largent and others would say we're not doing a deal. we will take this place down. we're not doing a deal. and then newt would call bill clinton up and say, you're pushing me too far. you've got to work with me here. the same thing's happening right now with boehner. >> with boehner. >> the republican -- and when you start stripping people of committee -- committee seats, war breaks out and it gets really -- it happened with us. it's about to happen here. he's got to realize that boehner is his partner. >>
MSNBC
Dec 6, 2012 7:00am PST
. >> alan simpson, the co-chair of the president's deficit commission, was on the "today" show this morning and he said all this talk about either side being able to go off the cliff is ridiculous. let me play that for you. >> when you have leaders of parties and people from the administration saying i think it would be to the advantage of the democrats to go off the cliff or i think it will be advantage to the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. this is big time stuff. >> and there's also a question of how far the white house is willing to go to protect middle class tax cuts. are they willing to limit unemployment insurance, give up infrastructure spending, which is something the president has been talking about from the beginning, payroll tax cut. what's the white house plan here? >> well, alan simpson in addition to being an excellent dancer is a very shrewd political analyst. >> very hip, alan simpson. >> very, very, very good dancer recently. but, look, i think people talk in terms o
CNN
Dec 4, 2012 11:00am PST
to deficit reduction that can help give businesses certainty and make sure the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at math, it doesn't work. >> reporter: so unbalanced approach is the white house's nice way of saying you got to be kidding me. jay carney used the phrase in the briefing just now that the proposal from the republicans was a bunch of magic needs and fairy dust and the current standoff is continuing with neither side talking today, brooke. >> magic beans, fairy dust, la la land, it is laughable but not. it is serious stuff that affects every one of us come january 1st, 28 days to go. we know some of the reporting from dana bash on the hill, there are no formal talks going on. the president insists in speaking in this bloomberg interview, he does speak to speaker boehner all the time that the meetings are not what matter. what have you, jessica yellin what have you learned in your repo
CNN
Dec 4, 2012 9:00am PST
warned that he won't meet his deficit targets for austerity will have to continue. we expect higher taxes on the rich tomorrow, cuts in public spending, and in this environment the multinationals like google, amazon, starbucks, are very firmly in the firing line. after all what better than to attack big corporate america. and they're being told, smell the coffee. i can play that game, too, michael. >> wake up and smell the coffee. always good to see you, mr. quest. always making it simple for us. richard quest in london. probably didn't pay for that coffee. >>> over the weekend, the palestinians celebrated their new status recognized by the united nations. the joy short-lived. how israel's decision to pursue even more settlements in the west bank and east jerusalem may kill any hopes of peace. we'll dive deep lie into this issue. >>> rp says it's not changing plans for the controversial housing development in east of jerusalem also developments in east jerusalem. this is despite getting a diplomatic mackdown recently from australia, five european countries and the united states bought in
CNN
Dec 3, 2012 11:00pm PST
not represent the bowles simpson plan, nor is it the bowles plan in my testimony on deficit reduction. i simply took the mid point of the public offers, put forward during the negotiations to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's speaker boehner who is taking a mid point on the compromise between the two sides and offered it, and it's already flatley rejected? >> i think he may be rejected, sir, if i may -- >> i'm not talking about simpson -- erskine boelsz. i'm talking about the white house's response to it. >> let's get to that too. i think what erskine bowles is saying in his statement, that this letter from speaker boehner does not represent his theory, number one, but i think the line that the white house is having problems with, and i believe i found it in page two of the speaker's letter, i'll read it to you if i can. he says this, notably, the new revenue in
CNN
Dec 5, 2012 2:00am PST
on the side. that was his look back in the day. critics are saying there is a deficit resemblance. i'll let you be the judge of that. this biopic has just been announced as the closing night film for the sundance film festival in january. it's calling the movie, quote, the true story of one of the greatest entrepreneurs in american history which chronicles the defining 30 years of steve jobs' life. it says it's, quote, candid, inspiring and personal. this is actually one of two movies coming out about steve jobs who died just a little over a year ago. aaron sorkin's writing a different movie based on the best-selling biography by walter isaackson. for now, ashton kuchar is the man and christine and zoraida, some people are questioning the casting of ashton as jobs. mostly because he's known for comedy. but you know, he's also famously tech savvy. he got out ahead of the curve on twitter. he now has 13 million followers plus. he's entrepreneurial, too, he has his own movie production company, all kinds of business ventures. maybe it's not so much of a stretch to see ashton as steve jobs. bac
CSPAN
Dec 7, 2012 6:00am EST
everything we've been hearing and reading, they do rank debt and the deficit very highly as a priority for elected officials to get done, to compromise and get to work. but they also made it very clear what they have made clear in every one of our previous 14 polls, and that is they want the debate to be connected to their real life and to things that they need to survive and thrive in this economy. the kitchen table discussion, if you will, is very important to them. so those priorities are very clear in their minds, and they are, they want good jobs, they want effective schools, they want affordable health care, they like social security, and today want to retire in -- they want to retire in dignity. they don't feel that, um, one has to embrace all of these priorities, but there is a framework here in this poll in the to-do list. there's a road map that the majority of americans believe would give their children a better chance at a better future. so people aren't necessarily hopeful that congress can deliver for them, but they are wishful. they very much want congress, a congress th
CSPAN
Dec 6, 2012 1:00pm EST
a significant trade deficit. the value of their oil imports are greater than their exports to iran. this provision should lock up a substantial portion of iran's earnings from its oil sales in each of these countries. as for the financial executions will longer be able to transfer iran's oil earnings beyond their countries borders without fear of losing their access to the u.s. financial system, iran will be severely limited in its ability to transfer funds across jurisdictions. oil revenues will largely be shackled with a given country, and only usable to purchase goods from that country. as you might imagine, we have been hitting the road, making sure that our partners in the international financial community understand the significance of this provision. perhaps the greatest endorsement of our efforts has come from the iranian president himself. speaking in october, ahmadinejad said, "the enemy has announced it has introduced sanctions on the purchase of iran from iraq. even worse, it has imposed banking sanctions, meaning of some oil is sold, its revenues are not transferable t
CNN
Dec 3, 2012 4:00pm PST
before the joint select committee on deficit reduction, i simply took the midpoint of the public offers to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaking boehner's letter, but the question i wanted the to ask you -- >> can we spend one more point on that? >> of course. >> what did he say? that was the midpoint of a compromise from the two. so, here's speaker boehner who is taking a new point on the compromise between the two sides and offered it and it's already flatly rejected? >> i think what he might be rejecting, sir, if i may -- >> no, i'm not talking abo about erskine bowles. >> i think what he's saying in his statement, this letter from speaker boehner does not represent his theerly, number one, but i think the line the white house is have been problems with, i believe i found it in page two of the speaker's letter, he says this. notably, the new revenue in the bowles plan would not be a i chiefed through higher taxes, which we continue to oppose and will not agree to in order to protect small businesses and our economy.
MSNBC
Dec 4, 2012 10:00am PST
, to deficit reduction and dealing with the fiscal cliff, we're talking about fairness. we're talking about making sure that if you work hard and play by the rules everyone has a chance to succeed. that the middle class needs certainly tight right now. speaker pelosi and my colleague congressman tim walls, filed a discharge petition today to take the bill that we have, that has already passed the senate, that grants certainty to the middle class, to take that bill up and make sure that we can extend the middle class tax breaks before the holidays where we can give -- that's what everyone agrees on. i don't know any republican or democrat that thinks we should let those tax rates -- tax cuts for the middle class expire. so we should pass that now. and then on the things that we're having more trouble agreeing on, we should sit down at the table. the one thing i can assure you, the president and democrats in congress, have consistently said, we're not going to do this -- there is no my way or the highway. we have concrete proposals and compromise on the table, thus far, though, we have republ
FOX Business
Dec 6, 2012 1:00pm EST
the wrong budget knows, if you have a deficit that means you have to bring in more rate comment and spend less. melissa: all we're ever talking about is raising taxes and nobody is talking about what we need to cut. the first thing you would do is stop spending. let's tighten our belts. regardless though you really think it is too late? i think they can come up with some solution that is held together with chicken wire and bubblegum and scotch tape and this little crummy thing that will keep us from going over the cliff pushing the whole problem off into the future. speak i think you have to treat two separate issues separately. one is avoiding the cliff, and i think the way to do that is to reach a short-term agreement on tax cut extensions. relatively optimistic they can get a long-term budget agreement done next year, but don't think they can do it in two weeks which is what the president thinks it's going to happen. if they separate the two issues and reach an agreement, that will onny be temporary. it is not like they're signing away their future in blood and worry about long-term ta
CNN
Dec 6, 2012 9:00am PST
rates for the wealthiest 2% of americans. coburn is known for his hard line on the deficit. he says he would rather bring down the debt by raising tax rates than just closing the loopholes and capping deducti s deductions. here's how he explained it. >> personally, i know we have to raise revenue. i don't really care which way we do it. actually, i would rather see the rates go up than do it the other way because it gives us greater chance to broaden the by as in the future and reform the tax code. >> two republican senators from maine are joining coburn in backing a tax hike on the wealthiest americans, but senator susan collins and olympia snowe say they would like to include some protect as well for small business owners. well, no debt talks scheduled between republicans and the white house, but the president is pushing ahead with the fiscal cliff pr campaign. he is meeting with a middle class family in northern virginia, and the white house says the president is going to talk about his efforts to extend tax cuts for the middle class as part of this debt deal. well, some economists
CNN
Dec 3, 2012 11:00am PST
dwogoal here io come up with a plan that moves us to the budget deficit and to reduce the debt. we need to deal on the revenue side, many vehicles there, to use, and we also need to deal with the expense side. i think it is crafting a solution on both of those that is going to allow us to find a solution. >> all on the table and hopefully they will work and sort of meet in the middle and find that compromise. let's -- >> actually, this is the enabler for economic development in the united states. this is absolutely important we do this. >> i want to ask you about that, in just a moment. let's talk cars. i know you are relaunching the lincoln -- >> please. >> yes, we will. the lincoln brand, making it part of the lincoln motor company, buying a super bowl ad, putting lincoln in the commercials. when you look at this new car, i have to be honest, this is not my grandfather's lincoln. >> there you go. >> this is a new lincoln. was that the point? >> absolutely. and it is just -- it is absolutely the main point because, you know, the lincoln motor company has been associated with the ford m
CSPAN
Dec 6, 2012 8:00pm EST
an agreement that avoids deficit cliff we're hanging on. >> thank you. from the va. >> [inaudible] >> so one of the big problems with these long number of disability claims is the medical records issue, and secretary discussed a long term fix, improve the medical records, and secretary panetta described, and something that helps people still in the service by having better physicals so that when they leave the service, there's a better record of what their actual problems are, but what do you do for people in the middle,s hundreds of thousands of people who have pending claims now postponed because of the fact that the medical records either don't exist or are too complicated to come by so you can't prove or disprove there's a date. is there hope for them in what the two of you are working on? >> yeah, i think our production demonstrates we are working cases where the records are not immediately available. we go through erroneous effort so there's a fully developed claim and request make judgments. we're doing that at a rate of a million claims a year, but the challenge for us is we get a mi
Current
Dec 3, 2012 3:00am PST
there a long time 1.6 trillion over the next years, cutting the deficit, 1.6 cutting the tax cuts for the wealthiest for americans, and medicare and medicaid and farm subsidies and other, $1 trillion in additional spending cuts that the house, the senate and the white house have already agreed to and then $800,000,000,000 in new spending new revenue from cuts and spending because of ending the war in iraq and in afghanistan. the president's budget is out there. on the republican side, there is nothing. i am going to get back to it. here it is, also guy in the way is boehner. you have heard me say this, that boehner is not a bad guy. i used to think that and if you let him go, he would make a deal. i don't believe that any more. i think boehner is out to -- he doesn't care about the middle class, and his goal is to let this country go over the fiscal cliff because he wants the economy to fail because he wants president obama to fail. john boehner, again, i think the worst speaker ever, it's a time for leadership, not for playing political games. americ
CSPAN
Dec 7, 2012 12:00pm EST
crisis. we have even published her own study on the deficit, copies of which are available here today. we look forward to continuing this conversation, keeping the dialogue ongoing over the next month and it's critical and we want to solve this problem and we think it will be very enlightening on what the issues are. with that i'm going to turn it over to you in the panel. thank you very much. >> can everybody hear? [inaudible] we do have an all-star panel. tim pawlenty the former governor of minnesota, i wrote that i thought he would have made the strongest presidential candidate. tim is now the head of the financial services roundtable, a job he took a month or two ago and he will be a huge player in washington. chris i have to say, first of all you kept two-thirds of your own district but your margins didn't go down at all. maybe a little bit. i know the county, one county represents for my son as and let's just say -- is a liberal but he did an incredible job. two senators now and on mars reminded when bob dole left the house to go to the senate, the single act -- [inaudible] bob cork
Search Results 0 to 31 of about 32 (some duplicates have been removed)